The Collaborative Governance Mechanism and Enlightenment of Singapore Elderly Security System
International Journal of Business and Economics Research
Volume 7, Issue 4, August 2018, Pages: 88-96
Received: Jun. 14, 2018; Accepted: Jul. 11, 2018; Published: Aug. 6, 2018
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Authors
Yu Juyun, Department of Tax and Public Management, Jiangxi University of Finance and Economics, Nanchang, China
Cai Yucen, Department of Tax and Public Management, Jiangxi University of Finance and Economics, Nanchang, China
Ai Ting, Department of Tax and Public Management, Jiangxi University of Finance and Economics, Nanchang, China
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Abstract
The CPF system held by government realize organic combination of housing and pension through purchase allowance and house-for-pension scheme, lifelong income for pension plans guarantees knock-down security. The CPF system has a certain function of redistribution. The government opposes generous welfare system and emphasizes the traditional family values and self-support; through the organic combination of law, principle and emotion, and the employment benefits, the family-support and self-support are unity. Enterprises have the inherent power to hire the elderly. Social organizations in the government’s support and control communicate the government and the people with propaganda publicity and providing support for the elderly. The key mechanism of the pension action for multiple unities is the authority government’s effective intervention. Its security is the government’s strong credibility and public participation mechanism, which is of significance to construct China’s old-age security system.
Keywords
Singapore, Old Age Security System, Cooperative Governance Mechanism
To cite this article
Yu Juyun, Cai Yucen, Ai Ting, The Collaborative Governance Mechanism and Enlightenment of Singapore Elderly Security System, International Journal of Business and Economics Research. Vol. 7, No. 4, 2018, pp. 88-96. doi: 10.11648/j.ijber.20180704.12
Copyright
Copyright © 2018 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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